InvestorQ : How has ethanol blending been picking up for sugar companies and what is the likely ethanol blending in coming years?
Riya Dwivedi made post

How has ethanol blending been picking up for sugar companies and what is the likely ethanol blending in coming years?

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shrinidhi Rajan answered.
4 months ago
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There has been some real encouraging news on the ethanol front. Volumes in ethanol blending by sugar companies have picked up at rapid pace and promises to actually grow exponentially from here also. In the last two sugar cycles, which typically stretches from October to September, a total of 3.37 lakh MT and 9.26 lakh MT of respectively of sugar cane had been diverted to ethanol. That is the highest ever that India has done.

However, this is just the beginning. In the current season ending Sep-21, nearly 20 lakh MT of sugar is likely to be diverted to ethanol blending. This will grow rapidly to 35 lakh MT in 2022 and then to 60 lakh MT by 2024-25. The last tranche of the leap is taking time since the industry has just about started putting up ethanol capacities and that will be on stream only around the middle of 2024.

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